Romania (ROU) and Spain (ESP) Trade | The Observatory of Economic Complexity

About

Romania-Spain In 2022, Romania exported $2.9B to Spain. The main products that Romania exported to Spain are Cars ($379M), Corn ($308M), and Motor vehicles; parts and accessories (8701 to 8705) ($240M). During the last 27 years the exports of Romania to Spain have increased at an annualized rate of 12.4%, from $123M in 1995 to $2.9B in 2022.

In 2020, Romania exported services to Spain worth $853M, with Transportation ($639M), Travel ($60.9M), and Other business services ($53.3M) being the largest in terms of value.

Spain-Romania In 2022, Spain exported $3.09B to Romania. The main products that Spain exported to Romania were Pig Meat ($292M), Cars ($224M), and Spark-Ignition Engines ($169M). During the last 27 years the exports of Spain to Romania have increased at an annualized rate of 13.7%, from $95.6M in 1995 to $3.09B in 2022.

In 2009, Spain exported services to Romania worth $158M, with Services not allocated ($158M) being the largest in terms of value.

Comparison In 2022, Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Romania exported $2.9B to Spain. The main products exported from Romania to Spain were Cars ($379M), Corn ($308M), and Motor vehicles; parts and accessories (8701 to 8705) ($240M). During the last 27 years the exports of Romania to Spain have increased at an annualized rate of 12.4%, from $123M in 1995 to $2.9B in 2022.

In 2022, Spain exported $3.09B to Romania. The main products exported from Spain to Romania were Pig Meat ($292M), Cars ($224M), and Spark-Ignition Engines ($169M). During the last 27 years the exports of Spain to Romania have increased at an annualized rate of 13.7%, from $95.6M in 1995 to $3.09B in 2022.

Exports from Romania () to Spain () (2022)

Exports from Spain () to Romania () (2022)

Latest Data

Trade between Romania () and Spain ()

Romania Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$18.8B

Spain
Top DestinationFrance$65.2B

This map shows whether countries import more from Romania or Spain. Each country is colored based on the difference in imports they receive from Romania and Spain or the difference in the growth in imports.

In 2021, countries that imported more from Romania than Spain were Hungary ($6.75B), Bulgaria ($3.9B), and Moldova ($2.14B).

In 2021, countries that imported more from Spain than Romania were France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

Difference in imports from Spain () and Romania () (2022)

Comparative Advantage Romania - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Romania and Spain by product, considering products traded by both, Romania and Spain.

During 2022, Romania had a large net trade with Spain in the exports of Transportation ($657M), Machines ($578M), and Vegetable Products ($492M).

During 2022, Spain had a large net trade with Romania in the exports of Machines ($687M), Transportation ($454M), and Animal Products ($348M).

Service Trade

Bilateral Service Trade

Esp Year

Rou Year

In 2020, Romania exported services to Spain worth $853M, with Transportation ($639M), Travel ($60.9M), and Other business services ($53.3M) being the largest in terms of value.

In 2009, Spain exported services to Romania worth $158M, with Services not allocated ($158M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania () to Spain () (2020)

Services Exports from Spain () to Romania () (2009)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Romania has comparative advantage over Spain. Similarly, the more yellow a dot/product is, the more Spain has comparative advantage over Romania.

About

Historical Data

Bilateral Trade by Products

Exports from Romania () to Spain () (2022)

Exports from Spain () to Romania () (2022)

Latest Data

Trade between Romania () and Spain ()

Romania Exports

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Romania () (2022)

Comparative Advantage Romania - Spain

Service Trade

Bilateral Service Trade

Services Exports from Romania () to Spain () (2020)

Services Exports from Spain () to Romania () (2009)

Economic Complexity

Competitive Landscape

Product Space of Romania () and Spain () (2022)

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